Bitcoin Price | Healthy pullback

[YuginKadoya]

I don't care about this kind of analysis because if you look in the previous behavior of bitcoin you can see that it will sure recover from a certain down fall, this is how I see bitcoin and how bitcoin really behaves in the past, I f you truly have faith in bitcoin that its gonna go up with every struggle it takes it will sure go back in its previous All Time High and will surely go even beyond that.

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[Blue2012]

For me, what’s happening to crypto market now especially in bitcoin is just a healthy pullback. In fact it is quite beneficial for those who wants to invest. Bitcoin is still in recovering stage, maybe in a couple of weeks or months the price will be profitable again. I think having enough knowledge about cryptocurrency market will ease the fear from further price drops. For this is the volatile and unpredictable nature of crypto market.

[hosseinimr93]

Yes, it seems that the price rise is now more healthy. the last time the price rose that much, it was really abnormal. Now the price is rising smoothly after it was corrected. But we should consider everything is still possible. Wales can manipulate the price. A sudden rise or a sudden fall in price is possible.

[gabmen]

Yes, it seems that the price rise is now more healthy. the last time the price rose that much, it was really abnormal. Now the price is rising smoothly after it was corrected. But we should consider everything is still possible. Wales can manipulate the price. A sudden rise or a sudden fall in price is possible.

Whales probably are still testing if he price can get lower but i agree with you that it's preferrable for btc value to move slowly rather than pumping hard and then dumping. Many people who tried to ride the pump last december probably sold at a loss due to panic or were stuck. It will now be a test of patience for these people.